Praxis Precision Medicines (PRAX) Profit After Tax (2019 - 2026)

Praxis Precision Medicines' (PRAX) quarterly Profit After Tax came in at -$92.6 million in Q1 2026, down 33.63% year-on-year from -$139.5 million in Q1 2025, and down 4.11% quarter-over-quarter from -$88.9 million in Q4 2025.

Praxis Precision Medicines (PRAX) Profit After Tax (2019 - 2026) Analysis & Trends

Praxis Precision Medicines' Profit After Tax history runs 8 years deep, the most recent figure standing at -$92.6 million for Q1 2026.

  • On a quarterly basis, Profit After Tax fell 33.63% year-over-year to -$92.6 million in Q1 2026; TTM through Mar 2026 was -$326.6 million, a 53.65% decrease from a year earlier, with the FY2025 full-year figure at -$303.3 million, down 65.9% from the prior year.
  • Profit After Tax slipped to -$92.6 million in Q1 2026 per PRAX's latest filing, from -$88.9 million in the prior quarter.
  • Across five years, Profit After Tax topped out at -$24.6 million in Q3 2023 and bottomed at -$92.6 million in Q1 2026.
  • The 5-year median for Profit After Tax is -$51.9 million (2024), against an average of -$53.9 million.
  • Across the five-year window, Profit After Tax tumbled 151.04% in 2022 and surged 45.49% in 2023, its largest moves.
  • Year by year, Profit After Tax stood at -$41.2 million in 2022, then jumped by 34.72% to -$26.9 million in 2023, then tumbled by 118.32% to -$58.7 million in 2024, then slumped by 51.58% to -$88.9 million in 2025, then declined by 4.11% to -$92.6 million in 2026.
  • Per Business Quant, the three latest PRAX Profit After Tax figures stand at -$92.6 million (Q1 2026), -$88.9 million (Q4 2025), and -$73.9 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) PAT (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -36.84 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 227.36 Mn
4 NuCana 279.75 Bn 279.75 Bn - -
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.03 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn -65.60 Mn
7 Belite Bio 62.51 Bn 62.51 Bn - -26.94 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 362.00 Mn
9 Revolution Medicines 37.78 Bn 37.78 Bn - -453.82 Mn
10 Praxis Precision Medicines 8.98 Bn 8.20 Bn - -92.60 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -92.60 Mn
Dec 31, 2025 -88.94 Mn
Sep 30, 2025 -73.93 Mn
Jun 30, 2025 -71.13 Mn
Mar 31, 2025 -69.30 Mn
Dec 31, 2024 -58.68 Mn
Sep 30, 2024 -51.91 Mn
Jun 30, 2024 -32.68 Mn
Mar 31, 2024 -39.55 Mn
Dec 31, 2023 -26.88 Mn
Sep 30, 2023 -24.63 Mn
Jun 30, 2023 -34.31 Mn
Mar 31, 2023 -37.46 Mn
Dec 31, 2022 -41.17 Mn
Sep 30, 2022 -43.95 Mn
Jun 30, 2022 -60.19 Mn
Mar 31, 2022 -68.72 Mn
Dec 31, 2021 -58.58 Mn
Sep 30, 2021 -44.71 Mn
Jun 30, 2021 -36.40 Mn